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Story summary
- PepsiCo cut suggested prices on major U.S. snack brands by up to 15%.
- North American foods profit fell 8% in Q2 while revenue rose 6.4%.
- International Beverage Franchise volume grew 5% in Q2.
- Asia Pacific Foods volume rose 10% in Q2.
- PepsiCo shares closed at $129.75 on September 18, a 52-week low.
